Headhunters: Pricing and Policies
Once approved for membership, there are no start-up costs or monthly fees for headhunters to participate in the BountyJobs marketplace.
Pricing and Policies: Employers
When employers post a job, they choose a bounty (as % of salary or a fixed fee), the amount they will pay the headhunter who finds them the right candidate to fill their job. On the candidate's start date, BountyJobs emails an electronic invoice for the final bounty. The employer must pay the final bounty to BountyJobs net 30 days.
BountyJobs covers each candidate placed through its system with a time-limited full cash-back employment guarantee. For bounties 20% of salary or higher, the guarantee is 90 days after start date and for bounties 19% of salary or lower, the guarantee is 60 days after start date. If an employee doesn't work out during this guarantee period, BountyJobs will refund the full bounty to the employer in cash.
Previously Submitted Candidates
Employers are not responsible for paying a bounty to a headhunter for a hired candidate if they have previously received that candidate from any other source within the last six months.
All headhunters using BountyJobs are prohibited from recruiting employees from any employer where they have made a placement during the previous one year period.
All headhunters using BountyJobs are legally required to keep information that they learn from employers confidential.
Pricing and Policies: Headhunters
When headhunters make a successful placement, BountyJobs keeps 25% of the final bounty and delivers 75% to the successful headhunter. Because BountyJobs offers a time-limited guarantee to employers, headhunter awards are deposited in their accounts as pending funds on a candidate's start date. After 60 days from the start date, the funds will be available for withdrawal. If the candidate does not work out within 60 days of the start date for bounties of 19% of salary or less, or 90 days of the start date for bounties of 20% of salary or more, the headhunter is not entitled to an award. If this occurs after the headhunter has withdrawn the funds, he or she will be responsible for refunding the money to BountyJobs.
There is no fee for a headhunter to submit a candidate for a bounty on which he or she is engaged. Headhunters can always choose to use our Take a Flier feature and send an unsolicited candidate at a cost of 0.1% of the posted approximate bounty.
Headhunters own candidates they submit to a bounty for a period of 6 months from the date they submit the candidate. If this employer hires the candidate during this period for any job, the employer owes a bounty to the headhunter.
BountyJobs' system should block duplicate submissions. In the unlikely event that the system fails to block a duplicate submission, the winner of the bounty will be the headhunter who first submitted the candidate, as determined by the time and date stamp on the submissions.
Prior to each submission, a headhunter must certify to having the knowledge and approval of the candidate.